Currently, international arbitration is the principal method used by companies – domestic and multinationals – to settle business disputes, both international commercial and foreign direct investment disputes protected by the Bilateral Investment Treaties (APRI-BIT).

Arbitration and other forms of alternative dispute resolution (ADR) are real alternatives to litigation due to their procedural flexibility, neutrality and maximum cost efficiency. However, the evolvement of arbitration over recent years has made the procedure more sophisticated, requiring knowledge and procedural specialization from all parties involved